• Date of publication: 17 September 2022
  • 166
  • bloomberg.com
  • As the U.S. IPO market languishes, listings head east to booming China.

    Synopsis

    The epicenter of the global initial public offering has moved east to China

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Description

IPO in Asia accounts for a record percentage of global volumes

The US share in global IPOs fell to 14% due to the disappearance of transactions

The epicenter of the global initial public offering has shifted eastward to China as waves of volatility and falling stock markets have sent virtually all significant U.S. listings into limbo.

The listing of shares in Asia has raised $104 billion this year, representing a record 68% of global volume, according to data compiled by Bloomberg. In contrast, U.S. IPOs account for just 14% of the $153 billion raised globally, the lowest in history of what has traditionally been the world's busiest listing market.